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Stock Market & Financial Investment News

News Breaks
February 18, 2014
08:11 EDTHEIHEICO upgraded at KeyBanc
As previously reported, KeyBanc upgraded HEICO to Buy from Hold. The firm believes the commercial aerospace market is seeing accelerated growth and that HEICO will benefit from the improvement. Price target is $68.
News For HEI From The Last 14 Days
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August 24, 2015
08:43 EDTHEIHEICO announces two acquisitions
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August 19, 2015
08:37 EDTHEIHEICO acquires Aerospace & Commercial Technologies, terms not disclosed
HEICO announced it has acquired 80.1% of Aerospace & Commercial Technologies, or ACT, a provider of products and services necessary to maintain up-to-date F-16 fighter aircraft operational capabilities. ACT's leadership team will continue to own 19.9% of ACT. The purchase price and financial details were not disclosed. HEICO stated that it expects the acquisition to be accretive to its earnings within the first year following the acquisition.

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